General Communication, Inc. (NASDAQ:GNCMA)
A holding company which, together with its direct and indirect subsidiaries, provide local, wireless, and long distance telephone, cable television, Internet and data communication services throughout Alaska.
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ready for take off
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Great things going to happening with this company.....Stock is low..great buy ...do your research....Thumbs up
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I don't like 5 letter ticker symbols
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Consumer revenues are continually growing and the network access business will now include the customer this company lost in 2007. That all adds up to the company being able to meet guidance in revenue and EBITDAS.
The risk I see here is this company HAS to get better operationally. To me, it just seems as though they are inefficient with regard to operational margin/profit.
Overall, Mr. Market has severely overreacted to the performance of the past two quarters (3Q2007 and 4Q2007), so purchasing the company at these levels is very appealing. Again, the addition of the network access customer that went missing in 2007 limits the downside risk of further share price decline.
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Satellite TV has expanded greatly in Alaska and Telephone service to Alaska keeps increasing. GCI wont be as strong as they were.
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good company with a solid foundation
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I think this is a very good buy for a long term investor my reasons are below...
GCI has just began Local phone service on there own plant in the rest of the most populated areas of Alaska. The switch over off of ACS lines will take some time but It won't be long before they take the lead in local service. As of now they already have the majority of Cable TV, High Speed Internet, dial up, and Long Distance customers. With the roll-out of cell Service in the small Villages and the acquisition of Alaska wireless GCI (Majority of shares owned by GCI) will continue to see gains in the Wireless services. This company has large gains in its future as it continues to work towards Fiber to the home (may take some time, I think around 5-10 years) some areas will be fiber to the curb within 1-2 years. Its competition has been left in the dust as they are more concerned with stock price then keeping up with changing technology which has been a driving factor to allow GCI to enter more markets which will give GCI a huge edge.
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Is it me or is this a fairly stagnant situation with high indebtedness and little growth?
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GCI has a near-stranglehold on the Alaska market. If I wanted to get my phone service elsewhere, I could. But if I wanted to leave GCI entirely, I'd have to deal with four different companies to get comparable service, and it would cost a heck of a lot more.
The biggest threat I see to GCI is if a big name, like Sprint or Verizon, moved into the market. GCI's services are overpriced compared to those in the Lower 48, but until somebody else decides to set up shop, what can you do?
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state with room to grow and they are poised for being at head of the line
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